Suburb Profile Report for Pearce ACT (2607)

Pearce House: Median price $817,000, Annual capital growth 5.39%, Number of sales 25, Weekly median advertised rent $520

Pearce Unit: Median price $543,750, Annual capital growth 12.04%, Number of sales 35, Weekly median advertised rent $398

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Pearce is in the TOP 20% in ACT when comparing median price capital growth over the last year. Pearce gave property investors a very good capital gain figure when compared to the rest of the state, with 13.47%.

While Pearce,2607 ranked number 4th in ACT for increase in median house value (annualised) increase, it is ranked 11th over the last 5 years.

Advertised rents are around the $520 mark per week – giving a return of 3.31% based on the median price in Suburb

ACT has seen average median house prices change by 0.57% which means that Pearce, 2607 has done well for property investors by showing a capital gain of 17.50% over the last year

If we look at median property appreciation over just the last three months, Pearce has given property investors a paper return of 0.69%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in ACT

Metrics i HOUSE UNIT
$817,000 $543,750
8.21% 0.69%
13.47% 17.50%
5.39% 12.04%
$520 $398
25 35
3.31% 3.80%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2544
Median household income ($/weekly) 1816
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 319 12.5
    25-34 years 274 10.8
    35-44 years 370 14.5
    45-54 years 339 13.3
    55-64 years 305 12.0
    Others 936 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 959 49.7
    Not Married 795 41.2
    Defacto Relationship 176 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1829 74.2
    Indonesia 47 1.9
    Papua New Guinea 44 1.8
    United Kingdom 139 5.6
    Other 128 5.2
    Others 278 11.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.9
    Christianity 1565 67.0
    Hinduism 54 2.3
    Islam 28 1.2
    No Religion 649 27.8
    Others 19 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 77 8.3
    $1,500-$1,999 112 12.0
    $2,500-$2,999 120 12.9
    $3,000-$3,499 92 9.9
    $4,000 or more 93 10.0
    Others 436 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 859 42.1
    Not in the labour force 694 34.0
    Employed, worked part-time 362 17.8
    Employed, away from work 93 4.6
    Unemployed, looking for work 31 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 240 18.2
    Professionals 419 31.8
    Technicians & trades workers 119 9.0
    Community & personal service workers 120 9.1
    Clerical & administrative workers 242 18.4
    Others 176 13.4
    Occupation
    Census Count Percent(%)
    Pre-school 17 2.5
    Infants/Primary 214 32.1
    Secondary 195 29.2
    Technical or Further Educational Institution 76 11.4
    University or other Tertiary Institutions 150 22.5
    Others 15 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1804 75.5
    Semi-detached, row or terrace house, townhouse 471 19.7
    Flat, unit or apartment 113 4.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 411 41.0
    Being purchased 304 30.3
    Rented 287 28.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals